Bolivian President Evo Morales has nationalized the assets of Vancouver-based South American Silver, accusing the miner of causing a conflict that saw violence erupt among communities around the mining project it was developing there.

Bolivian Labour Minister, Daniel Santalla, signed an agreement on Sunday with the leaders of the Andean local community of Malku Khota who were holding five employees of Canadian South American Silver captive.

Bolivia’s President Evo Morales announced he will consult the indigenous communities of the Altiplano before authorizing the eventual exploitation of the silver and indium deposit of Mallku Khota, currently under exploration by Canadian South American Silver (TSX:SAC).

After keeping prices at a steady rate in August, Dowa Electronics Materials has raised its prices for the minor metal by 2 000 yen for September for large-out buyers. Dowa Electronics Materials Co, Japan's biggest supplier of indium, has raised its price

South American Silver Corp. (TSX:SAC)(PINK SHEETS:SOHAF) reports the release of its unaudited interim consolidated financial statements for the three and six months ended June 30, 2011 and the related management's discussion and analysis of financial position and results of operations ("MD&A").

China's first precious metals spot exchange began trading Tuesday in Chengzhou in Hunan Province.
The Hunan South Rare Precious Metals Exchange is based in China's silver capital in Yongxing County. Its first four products to be listed are silver, bismuth, indium and tellurium.

Geodex has acquired by staking the Jake Lee project covering approximately 3800 hectares located 80km south of Fredericton. Geodex will conduct an exploration program focused on the rare earth elements ("REE") potential with a secondary focus on gold and base metals based on the geology and supported by regional government sampling and assessment report data.